Oil Prices Under Pressure Despite Bullish Sentiment

Oil prices are set to end this week flat after gaining around 3% last week ... “We expect oil markets to remain tight in the short term, while geopolitical risks are also likely to create ... Read More

Oil prices expected to remain flat in 2024

A day after the EIA’s cut, J.P Morgan Research said Brent oil prices will remain “largely flat” in 2024 at US$ ... on the outlook for the oil and gas (O&G) sector. However, it continued ... Read More

Live Updates: Inflation Runs Hotter Than Expected

Consumer prices rose 3.5 percent in March from a year earlier, a larger-than-predicted jump. The underlying details could worry the Federal Reserve. Read More

US wholesale inflation heated up again last month

A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched measure of inflation at the wholesale level, rose 2.1% for the 12 months ... Read More

Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist

The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank. Read More

Gas prices fall 5 cents after reaching 2024 high

Florida gas prices lowered after increasing early last ... more expensive summer gas entering the market, and a tight global oil supply, according to AAA. West Palm Beach-Boca Raton ($3.71 ... Read More

Expect Oil Prices To Remain High And To Possibly Move Higher

For those who are bullish about oil ... Brent crude prices are up 12.1% year to date, while WTI crude prices are up an impressive 15.6%. The most recent move higher was driven by news that ... Read More

Oil prices are rising, but can the price increase be sustained?

While geopolitical risk premium is one factor, Eric Nuttall sees more long-term forces at work that should improve prospects long-term ... Read More

Oil prices remain steady as investors weigh supply outlook

Oil futures were little changed on Tuesday, consolidating after bumping higher in the previous session on worries over the global supply outlook. Price moves ... gallon.Natural gas for April ... Read More

Retail sales stagnate in Britain in March; oil price jumps after Israeli strike on Iran – business live

Rolling coverage of the latest economic and financial news ... Read More

EnQuest improves 2023 profit despite lower oil and gas prices

(Alliance News ... gas prices were down 18% and 51% respectively compared to 2022. Unchanged from the year before, the company declared no dividend. Looking ahead, oil and gas prices remain ... Read More

London Homes Still Cost 12 Times Earnings Despite Fall in Prices

Properties in London saw the biggest improvement in affordability in England over the last five years but still remain eye-wateringly ... capital after its house prices underperformed the rest ... Read More